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Please describe <br />efforts by your <br />organization to <br />generate revenue. <br />VOICES generates revenue from member dues, donations, ticket sales, <br />corporate sponsorships, fundraisers, endowments, and miscellaneous <br />efforts such as selling VOICES merchandise, as well as grants. VOICES' <br />members are the foundation of most of our revenue because of the dues <br />they pay, donations they give, corporate sponsorship introductions they <br />make, and the fundraisers they support and promote. W e recognize that the <br />organization is dependent upon our membership in multiple ways. <br />Membership fees are particularly important to cover our annual costs. <br />These have risen as our membership rebounded post-COVID and we <br />estimate a total of about $31,000 by the end of our current fiscal year. <br />Ticket sales substantially offset our direct concert expenses, although we <br />usually lose money or just break even on events. Ticket sales too have <br />rebounded since COVID but vary depending on the concert’s program, <br />weather, other competing events, and similar considerations. For the <br />current fiscal year, we expect to end with about $17,000 in ticket sales (net <br />of tax). <br />This year, we launched a new corporate sponsorship program that is <br />intended to replace our previous practice of selling ads in our concert <br />programs. An annual sponsorship at varying price levels includes benefits <br />such as advertisements in the programs for our two major concerts, logo <br />presence on our website throughout the year, free tickets, and, at some <br />levels, promotion through our social media network and live <br />acknowledgement at concerts. Selling small individual print ads in programs <br />every season was labor intensive for our volunteer Board and our members <br />and, we believe, did not provide as good exposure and public appreciation <br />for participating companies as we can provide through the sponsorship and <br />its benefits. W e will still sell these ads but will not focus on them. In our first <br />year, we have raised about $3,000 in sponsorship revenues and we hope <br />to renew these relationships and build new ones over time. <br />VOICES' fundraisers help us raise additional revenue. Every holiday <br />season, members sell pecans and pecan candies sourced from a small NC <br />business. This fundraiser generated approximately $2,000 net profit for us <br />in winter 2024. W e also usually have one or more other fundraisers which <br />have taken many forms in past years. In recent years, we’ve had cash <br />prize raffles. In spring 2024, this raised about $2,500. W e did a small <br />fundraiser with a local restaurant for a revenue sharing day last autumn <br />which netted about $350. W e plan to continue to sell pecans next fall and <br />try new fundraisers mainly in spring. <br />VOICES is the beneficiary of two small endowments. The Joel J. and <br />Eleanor Cely Carter endowment is intended to showcase new composers <br />and support commissions of new choral works and currently totals about <br />$57,500. In 2018 an endowment was raised in honor of Sue Klausmeyer <br />who was retiring after 18 years as VOICES’ Artistic Director. This fund <br />supports instrumentalists, organists, soloists and other enrichment needs <br />for the Chorus and currently totals about $23,000. <br />Resumes of artists/administrators <br />Stephen_Futrell_Bio.pdf <br />Shoko_Abe_Bio.pdf <br />Docusign Envelope ID: 07544190-1278-4B7D-88D0-425195859546